Tag Archives: Mortgage Bankers Association

"His steady hand, focus, and compassion helped guide an industry through a turbulent period," said Ed Delgado, Chairman Emeritus at Five Star Global. "His influence on promoting affordable housing and his longstanding commitment to protecting the dream of homeownership will have an impact on generations to come."

Purchase demand remained strong in August for newly constructed homes, increasing 20.6% compared to a year ago, according to the MBA Builder Application Survey, while the average loan size for new homes increased to $398,092.

The share of mortgage loans in forbearance fell to 0.39% of servicers’ portfolio volume in July, as the MBA reported that nearly two-thirds of borrowers still in forbearance were due to the effects of COVID-19.

Attorney Rich Haber of McCalla Raymer Leibert Pierce discusses the impact of New York’s Foreclosure Abuse Prevention Act on the industry.

“Similar to December 2022, the availability of credit has been driven lower by declining originations and shrinking industry capacity as lenders have streamlined their operations to cope with lower volumes,” said Joel Kan, MBA’s VP and Deputy Chief Economist.

The year 2022 may go down as one of the most complex and risk-intensive housing markets in history, as Patrick Gluesing offers tips on how to navigate through this new marketplace.

This number is down 23 basis points from the third quarter of 2021 and down 208 basis points from one year ago. For the survey, MBA servicers reported loans in forbearance as delinquent if the payment was not made based on ...

Experts trace improvements to a large drop in late-stage past-due loans and an improving economy. Here’s what else is at play.

Strong July jobs numbers point to more homeowners exiting forbearance plans in the coming months, as the number of homeowners in plans slides yet another week.

A new study found that in the second quarter of 2021, less than five million U.S. households did not make their rent or mortgage payments—an improvement over Q1’s totals.